the president is holding a news conference and is heading to martha's vineyard this weekend. jay carney during the news conference joked that president obama might just name his next federal chairman, chairman of the from. we should point out that president obama almost did just that in 2009. he renominated bernanke to that position back then. you can't rule out any news when the president is on vacation. >> we'll have live coverage of the president's news conference tomorrow here on cnn. thanks, jim acosta, for that report. coming up, it's been almost a week since the global terror alert. it is the threat over. do those warnings do more harm than good? i'm going to speak about it live. the former director of national intelligence, retired navy general dennis blair is here in the situation room. >> research verse scored a major break through in one of the world's most devastating diseases, malaria. stop for no one. what? it's red hot deal days. get $100 off the samsung galaxy note ii with features like pop-up play. lets you use any app while watching video. or use the s pen f